MA ARCHIVED February 2017 | Page 46

Market Action Report February 2017
Community Information
Market Action Report February 2017

County : Arlington

Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,572,000
-1%
5 %
Average List Price of all Current Listings
$ 1,714,603
0 %
8 %
February Median Sales Price
$ 1,427,500
7 %
10 %
-9%
10 %
$ 1,368,905
6 %
5 %
February Average Sales Price
$ 1,439,092
3 %
2 %
-12%
2 %
$ 1,422,114
2 %
0 %
Total Properties Currently for Sale ( Inventory )
140
7 %
20 %
February Number of Properties Sold
26
30 %
100 %
46
39 %
February Average Days on Market ( Solds )
113
79 %
66 %
7 %
113 %
91
1 %
72 %
Asking Price per Square Foot ( based on New Listings )
$ 387
-5%
0 %
0 %
0 %
$ 395
2 %
2 %
February Sold Price per Square Foot
$ 348
0 %
-7% -17%
-7%
$ 348
-11%
-7%
February Month ' s Supply of Inventory
5.4 -18%
2 %
-40%
-6%
6.0
-17%
4 %
February Sale Price vs List Price Ratio
95.0 %
-. 5 % -. 5 %
. 3 %
-1.5%
95.2 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 26 , up 100.0 % from 13 in February of 2016 and 30.0 % higher than the 20 sales last Property month . February
Sales
2017 sales were at their highest level 60 February Property sales were 26 , up 100.0 % from 13 in compared to February of 2016 and 2015 . February YTD sales of February of 2016 and 30.0 % higher than the 20 sales last 46 are running 39.4 % ahead of last year ' s year-to-date sales of 50 month . February 2017 sales were at their highest level 33 . compared to February of 2016 and 2015 . February YTD sales of
40
46 are running 39.4 % ahead of last year ' s year-to-date sales of 33 .
30

Arlington

Agent Name
Title Phone Website Other

Community Information

60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
20 10
10
0
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
0
14
15
16
17
M
A M J
Prices
14
The Median Sales Price in February was $ 1,427,500 , down 8.8 %
Prices
1,700 from $ 1,565,703 in February of 2016 and up 7.2 % from
The
$ 1,331,405 Median Sales last month Price in . February The Average was Sales $ 1,427,500 Price , in down February 8.8 % was
1,700 from $ 1,565,703 in February of 2016 and up 7.2 % from
1,600
$ 1,439,092 , down 11.9 % from $ 1,632,554 in February of 2016
$ and 1,331,405 up 2.8 last % from month $ 1,400,041 . The Average last Sales month
Price . February in February 2017 was ASP
1,6001,500
$ 1,439,092 , down 11.9 % from $ 1,632,554 in February of 2016 was at a mid range compared to February of 2016 and 2015 . and up 2.8 % from $ 1,400,041 last month . February 2017 ASP
1,5001,400 was at a mid range compared to February of 2016 and 2015 .
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
Median
15 Sales Price and Average
16 Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,400
1,300
1,300
1,200
1,200
1,100
1,100
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
M
A
14 M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 140 , of up Properties 6.9 % from available 131 last for month sale as and of up 19.7 %
February was 140 , up 6.9 % from 131 last month and up 19.7 %
200 from 117 in February of last year . February 2017 Inventory was from at its 117 highest in February level compared of last year with . February February 2017 of Inventory 2016 and was 2015 . at its highest level compared with February of 2016 and 2015 .
150
100
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 5.4 higher MSI is better for buyers . The February 2017 MSI of 5.4
50 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016 and and 2015
2015 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
200
10.0
150
8.0
100
6.0
4.0
50
2.0
0
0.0
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NAD S J
OF N D J
F
14
14
15
15
16
16
17
17
10.0
8.0
6.0
4.0
2.0
0.0
20 27 49 37 38 23 23 23 22 31 16 14 28 30 36 41 28 26 27 23 24 31 20 13 19 28 38 52 42 33 20 27 35 32 20 26
105 20
120 105
27
136
120 139 49 37 38 23 23
133 136
126 139
135 133
126 142
129 135
23 142 106
22 129
112 31 106
106
105 16 14 28 30 36 41 28 26
112 136
106 147
105
142 136 140 137
147
148 142
140 157
134 137 148 100
27 157 106
23 134 146
117 24 100
31 181 106
20 183 117
13 176 146
19 181
177 169
28 183
177 38 176 163
52
177 147
42
169 127
33
177 131
163 20 140
147 27
127 35
131 32
140 20 26
46 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Coastal Association of REALTORS of MD , Inc ., Metropolitan Regional Information Systems , Inc ., Sussex County Association of REALTORS and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .